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Property marketed by In Sun Properties Spain S.L
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NEW BUILD RESIDENTIAL COMPLEX IN LA FINCA ALGORFA New Build residential complex of independent or semi-detached villas and apartments with amazing communal pool and green areas in La Finca Golf course, Algorfa. New Build semi-detached villas with 3 bedrooms, 2 bathrooms, an open plan fitted kitchen with dining area, a spacious lounge area with patio doors leading out into the garden with swimming pool and off road parking, semi finished basement. Residential complex located in La Finca Golf resort, in the municipality of Algorfa, in the Vega Baja area of the Costa Blanca South. Only 15 minutes drive from the sandy beaches of Guardamar del Segura, and only 35 minutes from Alicante airport. The larger towns of Almoradi, Benijófar and Ciudad Quesada are a short drive away. Torrevieja and Orihuela Costa, with their large shopping centres, are 15 minutes away.
Property Features
- 3 bedrooms
- 2 bathrooms
- 216m² Build size
- 460m² Plot size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
53,500€
Final Payment of 90% on completion
508,500€
Property Purchase Expenses
Property price
565,000€
Transfer tax 8%
45,200€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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Spanish Property News & Updates by Spain Property Portal.com
In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.